Year-End Accounting Checklist

The end of the year is near and it’s time to close your books. Here is a simplified checklist we compiled together from some of the accounting experts.

Reconcile your bank accounts and credit cards

Review Profit and Loss statements

Fill out IRS forms, Collect W-9s, Issue 1099s

Prepare Records for local, state and federal payroll

Add up your quarterly estimated tax payments for the year

Gather and Organize Your Receipts

Verify Accounts Receivable and Invoices

Conduct an inventory assessment

As a bonus, you can review your goals for 2017 and create a budget for 2018.

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